Broderick Brian C Purchases 7,888 Shares of The Charles Schwab Corporation $SCHW

Broderick Brian C increased its position in The Charles Schwab Corporation (NYSE:SCHW) by 33.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,262 shares of the financial services provider’s stock after acquiring an additional 7,888 shares during the period. Broderick Brian C’s holdings in Charles Schwab were worth $2,938,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHW. Dogwood Wealth Management LLC increased its holdings in shares of Charles Schwab by 99.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 123 shares in the last quarter. Piscataqua Savings Bank purchased a new position in shares of Charles Schwab in the fourth quarter worth $26,000. Beacon Financial Strategies CORP bought a new position in shares of Charles Schwab during the fourth quarter valued at $29,000. Optima Capital LLC bought a new position in shares of Charles Schwab during the fourth quarter valued at $30,000. Finally, McIlrath & Eck LLC boosted its position in shares of Charles Schwab by 143.2% during the fourth quarter. McIlrath & Eck LLC now owns 321 shares of the financial services provider’s stock valued at $32,000 after buying an additional 189 shares during the last quarter. 84.38% of the stock is owned by institutional investors.

Charles Schwab Stock Performance

SCHW stock opened at $101.66 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.62 and a quick ratio of 0.62. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The company has a market cap of $176.79 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77. The stock’s fifty day moving average price is $92.77 and its 200-day moving average price is $95.32.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.04. Charles Schwab had a return on equity of 23.05% and a net margin of 37.99%.The company had revenue of $6.48 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. Charles Schwab’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, equities analysts forecast that The Charles Schwab Corporation will post 6.25 earnings per share for the current year.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 25.40%.

Insider Transactions at Charles Schwab

In other news, insider Jonathan S. Beatty sold 2,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $100.01, for a total transaction of $200,020.00. Following the completion of the sale, the insider owned 13,738 shares of the company’s stock, valued at $1,373,937.38. This represents a 12.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $90.60, for a total transaction of $228,312.00. Following the sale, the director directly owned 177,508 shares of the company’s stock, valued at $16,082,224.80. The trade was a 1.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 6,520 shares of company stock valued at $622,392. Corporate insiders own 6.30% of the company’s stock.

Wall Street Analysts Forecast Growth

SCHW has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Charles Schwab in a report on Thursday, June 18th. Truist Financial lowered their target price on shares of Charles Schwab from $122.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. UBS Group raised their price target on shares of Charles Schwab from $119.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Jefferies Financial Group dropped their price target on shares of Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Finally, BMO Capital Markets lowered shares of Charles Schwab to a “market perform” rating and set a $105.00 price target for the company. in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Charles Schwab has a consensus rating of “Moderate Buy” and an average price target of $117.22.

Key Stories Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Erste Group Bank raised its FY2026 earnings estimate for Charles Schwab to $6.34 per share from $6.16 and boosted FY2027 EPS to $7.64, signaling stronger profit expectations than the current consensus. Charles Schwab estimates update
• Positive Sentiment: Multiple recent articles say SCHW is drawing attention as investors look ahead to its June-quarter results, with rising earnings optimism and valuation commentary suggesting the shares may still have upside. Analyst revisions and earnings preview
• Neutral Sentiment: Schwab strategist Liz Ann Sonders discussed rebalancing, sector rotation, and semiconductor positioning; while useful market commentary, it does not directly change Schwab’s fundamentals. Liz Ann Sonders interview
• Neutral Sentiment: Schwab’s annual RIA survey highlighted ongoing challenges around organic growth and hiring, which is informative for the wealth-management business but not an immediate stock catalyst. RIA benchmarking survey

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.